Tale of Two Stories

Yes there are two sides to every story, sometimes more. But one thing you can count on is that one is right and the others are wrong. Why are they wrong? Because they are telling you a tale, a fictional story. The tale they tell is intended to lull you into believing everything is working out the way you nearly want it to. Don't Worry...Be Happy! Don't Worry, Be Happy! Its like a trance or a song line that repeats to the point that you can't get it out of your head and eventually, you start saying it over and over to yourself. That was the design of the story and you believed it. Now that you're baited, they can tell you anything. You have become the drone captive audience of their lies. Yes, I know...you've heard it here before, but get it into your head...you've got to question everything that they tell you because much of it is no good, still more of it is not the whole story...not the true picture, just twisted-wrung-out tiny truths that you should question how much is just plain baloney!

Hey! If you don't believe me, then I've got some AAA rated securities from 2007 and 2008 that I'd like to sell you!

The Federal Reserve Bank or Fed (not a U.S. government entity but a private syndicate/cartel/group) wants you to believe in all their stories and diversions from the truth. "Things are now much better" they say. "Don't worry. Everything is going as planned and the recession is soon ending, so give us more of your money (via your credit card purchases) and we'll get back to business as usual. Good times are coming soon." But step away and the reality speaks the real truth in both Asia and the West:

• Continued weakness in consumption spending in the world's largest economy, the U.S, the consumer sentiment index unexpectedly declined, economic data released one recent Friday in New York revealed.
• Exporters, automakers, trading companies and banks declined on concerns about economic recovery.
• In China, sea ports are full of product which are not leaving port because the U.S. consumer is not buying. This has forced closures of Chinese manufacturing facilities which produce goods specifically for the U.S. market.
• Bank deposits are on the rise which is no longer a good sign within a financial industry that has grown from encouraging customers to buy what they can't afford using credit cards, home equity loans, and the like. Deposits, (those that come in and don't go out in bill payments) mean people aren't spending. It means that they're doing the right thing for a change. Meanwhile bank's non-performing assets are also on the rise which will continue to hurt these institutions in the coming quarters.

Banks which are not intimately connected to the Fed, hence not one of the Friends of the Fed are going to be failing in large numbers. They aren't privy to the bailouts already given to the Friends of the Fed.